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Dec 26, 2012
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probably in the evening to get back to washington early thursday. possibly meet with congressional leaders. start working the phones, trying to move this forward because, frankly, when you talk to administration officials in private, they admit this is pretty tall right now because the president hasn't had a conversation with speaker boehner since last friday. now, if there is any hope in any of this, it's the fact that the president's aides say that both he and the speaker before they left washington on friday and saturday made clear that maybe christmas could provide a cooling off period that will bring them back together. take a listen. >> everybody can drink some eggnog, have some christmas cookies, sing some christmas carols. enjoy the company of loved ones. >> hope springs eternal and i know we have in it to come together and do the right thing. blessed merry christmas. >> speaking warmly about maybe the holidays can kick start things. the fact of the matter is reality tomorrow which is that both sides are still far apart on two big issues at
probably in the evening to get back to washington early thursday. possibly meet with congressional leaders. start working the phones, trying to move this forward because, frankly, when you talk to administration officials in private, they admit this is pretty tall right now because the president hasn't had a conversation with speaker boehner since last friday. now, if there is any hope in any of this, it's the fact that the president's aides say that both he and the speaker before they left...
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Dec 26, 2012
12/12
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the president's not seeing progress and wants to get back to washington as soon as possible to goose the process. time is running out. economists say we could go into another recession if the fiscal cliff is not dealt with. we just learned house republicans convened a conference call with members to say be on 48 hours notice to come back to washington in the next few days to deal with this one way or another. the senate coming back into session tomorrow morning 10:00 a.m. eastern time. the president on this red eye will be flying basically overnight tonight into tomorrow, get there early in the day and maybe convene congressional leaders at some point. interesting that starbucks, the coffee company, is running a row motion in d.c. stores where the they're writing come together on the coffee cup. right now, they're a bit far apart. >> i heard you talk about that 78-degree cold front that swept through the islands. before he headed out, how did the president celebrate christmas? >> yeah, it's been rough. you're right. 78 degrees is probably better than where you are right now, but the
the president's not seeing progress and wants to get back to washington as soon as possible to goose the process. time is running out. economists say we could go into another recession if the fiscal cliff is not dealt with. we just learned house republicans convened a conference call with members to say be on 48 hours notice to come back to washington in the next few days to deal with this one way or another. the senate coming back into session tomorrow morning 10:00 a.m. eastern time. the...
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Dec 26, 2012
12/12
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is washington the most polarized that it's ever been? some senators saying they've never seen this kind of polarization before in their entire time there. in fact, senator joe lieberman leaving office now in sort of an exit interview, saying he's never seen it more polarized. >> gretchen: he's calling the partisanship a cancer. here is a quote from the article in that interview. i'm not saying i was always right, i'll leave that to god and history. but i believed i was doing what i thought was right and people didn't just disagree with me. there was hatred. but i'm not alone in that. you can take the last three presidents, clinton, bush, obama and people haven't just disagreed with them, they've hated them. to me, that's really terrible. that's a cancer that's eating at our politics. >> rick: he also said that even with the last three presidents being worse than he's ever seen, the last two years have been absolutely the worse that there has been an amount of inability to work together and compromise and it's completely stopping our syst
is washington the most polarized that it's ever been? some senators saying they've never seen this kind of polarization before in their entire time there. in fact, senator joe lieberman leaving office now in sort of an exit interview, saying he's never seen it more polarized. >> gretchen: he's calling the partisanship a cancer. here is a quote from the article in that interview. i'm not saying i was always right, i'll leave that to god and history. but i believed i was doing what i...
SFGTV2: San Francisco Government Television
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Dec 26, 2012
12/12
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. >> our president was unable to be with us today but sends her greetings from washington, dc i hope you all have the handouts on the table that describe our organization. basically for the last 20 years, our organization has challenged stereotypes and misinformation about muslims and their faith, true education. we believe the bias and discrimination and hate that we see is generally commonly based on lack of information or misinformation and we believe that by providing accurate face to face information about any group that is the best way to combat bias and discrimination. so that's what we've been focusing on for the last 20 years. we go out to schools and other convenient tues and basically talk about what it means to be an american muslim. we have other related presentations that we do as well and a few years ago we also launched an interfaith speakers bureau where we take out representatives of the 5 major religions and do the same thing and we model in front of high school and middle school students how the faiths can sit down like we are sitting here today and have conversat
. >> our president was unable to be with us today but sends her greetings from washington, dc i hope you all have the handouts on the table that describe our organization. basically for the last 20 years, our organization has challenged stereotypes and misinformation about muslims and their faith, true education. we believe the bias and discrimination and hate that we see is generally commonly based on lack of information or misinformation and we believe that by providing accurate face to...
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Dec 26, 2012
12/12
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right now we're doing very well in the state of washington. north dakota. excellent, now in nevada. and our people are in the right places and doing the things to become a delegate. it's way too soon to write anybody off. just because somebody is in second or third place, there's a race going on. what if mitt romney isn't the best person? >> people have tried to portray you as a kind of ruthless money machine who some failed, some succeeded, you didn't care, you still got your fee, or you made a ton of money but actually quite a few of the companies that made, a lot of people lost their jobs, their livelihoods and lost money. to me the key question is do you know instinctively from your recollections how many of those companies that you went into would have failed anyway if you hadn't? >> well, there's no question but that a number of places where we went in and invested, we were investing in an enterprise that was in trouble, that -- where the future was very much in doubt for it and we invested in one busy think it lost 50 or $60 or more million the year before we invested and a l
right now we're doing very well in the state of washington. north dakota. excellent, now in nevada. and our people are in the right places and doing the things to become a delegate. it's way too soon to write anybody off. just because somebody is in second or third place, there's a race going on. what if mitt romney isn't the best person? >> people have tried to portray you as a kind of ruthless money machine who some failed, some succeeded, you didn't care, you still got your fee, or you...
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Dec 26, 2012
12/12
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he's cutting the vacation short to return to washington, d.c. hopefully to restart the negotiations over those job killing spending cuts and tax hikes set to take effect in the new year. joining me now is congressman gregory meeks, democrat of new york and serves on the financial services committee. i told you if anything goes off or need to rush out of here because you have gotten a call back to d.c. you let me know. plirt coe reporting today, as of christmas day, they do not have the standard warning to come back to washington to resolve the so-called fiscal cliff. it's boehner and other gop leaders aren't going to herd 433 lawmakers back to town with nothing to do. when you hear that, and you know what's been going on and what's expected of you in the new year, what are your hopes for something small, maybe not as ambitious as a grand bargain but something small getting done before january 1st? >> i would like to see a grand deal. but we should do something. too many people hurt, folks i have gotten several calls from individuals. talking abo
he's cutting the vacation short to return to washington, d.c. hopefully to restart the negotiations over those job killing spending cuts and tax hikes set to take effect in the new year. joining me now is congressman gregory meeks, democrat of new york and serves on the financial services committee. i told you if anything goes off or need to rush out of here because you have gotten a call back to d.c. you let me know. plirt coe reporting today, as of christmas day, they do not have the standard...
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Dec 26, 2012
12/12
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we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former
we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the...
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Dec 26, 2012
12/12
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you know, you have to remember, i sit here in washington, d.c. and of course, the line of course on "squawk box" this morning was lawmakers are much more inclined to say i was there to lower your taxes and i didn't vote to raise your taxes. as simplistic as that is, i think it's true so i think they let us go over and then cut the taxes and they undo all the good the cliff could actually do. >> but there's no real spending cuts. that's part of the problem. it's all talk. there's no real cuts in the cliff. >> you guys sound like congress. keep on arguing behind the scenes. enjoy yourselves. thank you so much, michael. peter, you're sticking around. >>> meantime, the fiscal cliff may be a big deal but there is another threat out there which might be in the short term more risky. the container cliff. businesses up and down the eastern seaboard are bracing for a massive port showdown as unions threaten to strike and possibly shut down most imports and exports out of this country. let's add in cnbc contributor jimmy peeb. we focus so much on the fisca
you know, you have to remember, i sit here in washington, d.c. and of course, the line of course on "squawk box" this morning was lawmakers are much more inclined to say i was there to lower your taxes and i didn't vote to raise your taxes. as simplistic as that is, i think it's true so i think they let us go over and then cut the taxes and they undo all the good the cliff could actually do. >> but there's no real spending cuts. that's part of the problem. it's all talk. there's...
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Dec 26, 2012
12/12
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CSPAN
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not only been that to washington, bringing that new hampshire attitude to washington. if what can we do to increase cooperation? >> i would echo what kelly has said. in the new hampshire state senate, people sit by district and not by political party. i had the opportunity to sit next to two of them. when you're sitting through days of debates and some contention and some contention committee get to know the people you're sitting with for you well. you get to read each other notes and i wonder how long so and so will speak. i was one of the worst offenders. but you get to know each other. when we were on senate finance, we worked on the attorney general budget together. so we have that relationship already, something that we can build on now as she serves our state and i serve as governor. in new hampshire, if you are willing to pitch in, we can all get things done together. i want citizens to understand the relationship and goodwill are real. in 2005, our son ben had significant surgery over the summer. later in the term, he had more. he called me every day on my cell
not only been that to washington, bringing that new hampshire attitude to washington. if what can we do to increase cooperation? >> i would echo what kelly has said. in the new hampshire state senate, people sit by district and not by political party. i had the opportunity to sit next to two of them. when you're sitting through days of debates and some contention and some contention committee get to know the people you're sitting with for you well. you get to read each other notes and i...
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Dec 26, 2012
12/12
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the president will leave hawaii very late tonight to come back to washington, d.c. to we in town as the senate and house reconvene tomorrow. >> congresswoman nan hayworth is here. i don't know what to ask you, we keep counting down the days waiting for a deal. you are waiting for a deal too. what are the odds -- but i should say realistically where is the republican party at in coming together and signing anything? >> we want to get the job done and in august the house passed and not just with republican votes, but with democratic colleagues as well, we passed extension of all the '01 and '03 tax relief, pending full tax reform so we can get the economy to grow again. because the common link we all have is that we want to see 23 million unemployed or underemployed american goes back to work. the only way to do is to provide relief to employers. small ones, big ones. the president has talked about lowering corporate tax rates, high nest the world. that's terrific. but we have the majority of small businesses that do 2/3 of the hires in the country. a majority of them
the president will leave hawaii very late tonight to come back to washington, d.c. to we in town as the senate and house reconvene tomorrow. >> congresswoman nan hayworth is here. i don't know what to ask you, we keep counting down the days waiting for a deal. you are waiting for a deal too. what are the odds -- but i should say realistically where is the republican party at in coming together and signing anything? >> we want to get the job done and in august the house passed and...
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Dec 26, 2012
12/12
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it's an embarrassment how washington is acting. i am begging somebody in washington, step up. be accountable. take responsibility. solve the root cause of these issues. get smart about your weight. >>> the graphic says it, market flash. welcome back to the program. let's look at best buy. the stock's not moving higher, but there are positive comments out there. rare positive comments from an analyst about the store upgrades. bby has been remodeling a number of stores. david chick says they are a real improvement from the old stores. he visited a bunch post, pre, and post remodel. he thinks these are pretty good. he believes they can help with the magnolia sales. their higher end store within a store. making positive comments about these remodels. still, not really helping the stock today. bby shares are down 33% just this quarter. seems like a buyout may be the only big-time hope for bby in the near term. >> brian, thank you for that. currency wars are back. japan's new prime minister is warning the bank of japan had must match efforts by both the u.s. fed and ecb to weaken th
it's an embarrassment how washington is acting. i am begging somebody in washington, step up. be accountable. take responsibility. solve the root cause of these issues. get smart about your weight. >>> the graphic says it, market flash. welcome back to the program. let's look at best buy. the stock's not moving higher, but there are positive comments out there. rare positive comments from an analyst about the store upgrades. bby has been remodeling a number of stores. david chick says...